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obama. 71% of jewish voters, 61 nonjew day owe christian whites voted for barack obama. part of me thinks, i was thinking about this, we only have the exit polling we have and the categories in exit polling are racial categories. there's other things, married, who watches "the voice," who watches "american idol." it would be fascinating if you had other categories. >> i'm down on the obama database. >> exactly. if you had other categories, are there other subterrainian coalitions that are happening that we're not looking at because the categories we're looking at are census categories. goldie tailor and avik roy, and lorella perfect really, that was af fantastic conversation. i really learned a lot from all of you. thank you, thank you, thank you. >>> when it came to the process of actually voting, this election was a national disgrace. that's next. ♪ [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushe
obama. 71% of jewish voters, 61 nonjew day owe christian whites voted for barack obama. part of me thinks, i was thinking about this, we only have the exit polling we have and the categories in exit polling are racial categories. there's other things, married, who watches "the voice," who watches "american idol." it would be fascinating if you had other categories. >> i'm down on the obama database. >> exactly. if you had other categories, are there other...
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to say that obama care, he said obama care is the law of the atlanta. well, that technically is true, of course. nemples, there are all sorts of things that you can do, control of one house of congress to hurt the implementation of a law that's still wildly unpopular. more importantly, republicans despise go out there and take the air out of the balloon. maybe some of this is overstated, but i think after the kicking and the teeth that we got on tuesday, we are looking for some hope from john boehner. he was good on the tax rate issue today, i should say. we're not going for tax rate increases. i think that is the kind of stuff people want to hear. >> that's what we need to hear. we do need to double down on our message. obama care is wrong, not because it came from obama but because it will hurt the most vulnerable members of our society. we can't allow that to happen. we, as conservatives we who believe in liberty. we who believe in prosperity and want all americans to have it must make this message clear. that government often is the problem. and we
to say that obama care, he said obama care is the law of the atlanta. well, that technically is true, of course. nemples, there are all sorts of things that you can do, control of one house of congress to hurt the implementation of a law that's still wildly unpopular. more importantly, republicans despise go out there and take the air out of the balloon. maybe some of this is overstated, but i think after the kicking and the teeth that we got on tuesday, we are looking for some hope from john...
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somebody said they were going to be a pundit and promised that barack obama's going to win 59% of the vote in 49 states. that person is not in the realm of reality, but that's not where anybody who is serious was, and this was the hardest election in our lifetime, the hardest election since nixon in 68 to call. >> i just can't resist saying i put michael in a different category than dick morris, but -- [laughter] that aside, on the supreme court, we don't know what vacancies there will be. we have several justices in their 70s. you know, in this world today, being in your 70s, thank goodness, does not mean that you're approaching the end of your life. we also know that we've had justices with health problems. we know we have justices who smoke too much and may be have other vices that could have an impact, but, you know, tables don't help us very much. there's a good chance that in the next four years, there's one, two, or three vacancies. some depends on when they emerge. if you have a 55-45 democratic senate, and there's a vacancy, barack obama has a little more leeway to pick someb
somebody said they were going to be a pundit and promised that barack obama's going to win 59% of the vote in 49 states. that person is not in the realm of reality, but that's not where anybody who is serious was, and this was the hardest election in our lifetime, the hardest election since nixon in 68 to call. >> i just can't resist saying i put michael in a different category than dick morris, but -- [laughter] that aside, on the supreme court, we don't know what vacancies there will...
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he brought barack obama into the picture. at the national level,that set a tone for the president and the vice president of the united states to come out that way. and you have the opposition going the other way. >> it is generational. five years ago, i said i do not think you would have thought in 10 years it would be no longer an issue because it was generational. i think that was pessimistic. i think it really is no longer an issue. i think in 10 years, we will not even be speaking of it. speaking of all the other initiatives, i must say,it was a rough night for conservatives. we did lose the presidency. but we can still get high in denver. [laughter] >> and washington state. >> let's give a shout out to the state of maryland. voters in maryland passed the dream dream act. if you're qualified, you will have an in-state rate. good for maryland. >> last word. thank you. see you next week. >> for a transcript of this broadcast, log onto -- is"inside washington" brought to by the american association of federal employees. -- g
he brought barack obama into the picture. at the national level,that set a tone for the president and the vice president of the united states to come out that way. and you have the opposition going the other way. >> it is generational. five years ago, i said i do not think you would have thought in 10 years it would be no longer an issue because it was generational. i think that was pessimistic. i think it really is no longer an issue. i think in 10 years, we will not even be speaking of...
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president barack obama. humans -- even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why, at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? have led to an increase intands clinical depression. drug and alcohol abuse is up. and those dealing with grief don't have access to the professional help they need. when you see these issues, do you want to walk away or step up? with a degree in the field of counseling or psychology from capella university, you'll have the knowledge to make a difference in the lives of others. let's get started at capella.edu zmoo now that the election is settled, let the governing begin. >> i'm committed to solving our fiscal challenges. but, i refuse to accept any approach that isn't balanced. and i just want to point out, this was a central question during th
president barack obama. humans -- even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why, at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? have led to an increase intands clinical depression. drug and alcohol abuse is up. and those dealing with grief don't have access...
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president obama does. it's funny that both sides are talking about how they want to try something new. they are open to new ideas and these discussions and the lines they've drawn in the sand are the same lines that they both drew before the election. >> and your paper, democrats see a clear advantage to going over the cliff. in january, once the bush tax cuts have expired, democrats would be free to draft their own plan to cut taxes for the middle class but not the wealthy and dare republicans reject it. are there really a significant number of democrats out there actually okay with going over the fiscal cliff in the short term? >> yeah, it seems like they are. if you do that, you're talking about tax cuts, not tax hikes. >> uh-huh. >> and that politically resonates much better. i don't think that we've seen the direction that the white house wants to go in. i think that's where that negotiation is going to go. >> anne kornblut, reed, thank you. >>> hundreds and thousands are still in the dark following s
president obama does. it's funny that both sides are talking about how they want to try something new. they are open to new ideas and these discussions and the lines they've drawn in the sand are the same lines that they both drew before the election. >> and your paper, democrats see a clear advantage to going over the cliff. in january, once the bush tax cuts have expired, democrats would be free to draft their own plan to cut taxes for the middle class but not the wealthy and dare...
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what clinched it for president obama? the minority vote, the youth vote and in part the women's vote. >> the reality is the younger voters, identify with the president. they like his positions. they like the democratic party's position. romney had 59% of the white vote. obama dominated everywhere else. >> when you look at a state like florida, we know that we signed up 137,000 new people to vote. and we also know that the president only won by about 50 thousand votes. and those folks we signed up to vote were black and brown primarily. >> reporter: studies show the hispanic vote agree between 43% from 2000 to 2010. the numbers can't be ignored. republicans acknowledging they need to reach out to latino and african-americans. >> i think that republicans certainly have to address that one way or another. i had dinner with archer davis not long ago who outlined what he thought and his points were very significant. in terms of what blacks and hispanics believe what they want and candidate and so on. i think if republicans don
what clinched it for president obama? the minority vote, the youth vote and in part the women's vote. >> the reality is the younger voters, identify with the president. they like his positions. they like the democratic party's position. romney had 59% of the white vote. obama dominated everywhere else. >> when you look at a state like florida, we know that we signed up 137,000 new people to vote. and we also know that the president only won by about 50 thousand votes. and those...
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obama did call for compromise. and then if you watched them, john boehner, speaker boehner looked like a defeated man. it was like saying okay, we are going to come to the table with you. and president obama, despite speaking about compromised, it wasn't a very comprise-y style of speech. it was clear that he knew he had the leverage. he wasn't going to accept anything that didn't end with taxes being part of the final solution here. >> well, jonathan capeheart, boehner knows that the pressure is all on him. the senate has already passed a bill that does what the president wants to do in taxation. it reduces the taxation below the top rates and the house can either pass that bill or not pass it. and if they don't pass it, what will happen in terms of january 1st going up is on them. >> it's on them. the president said in his remarks today that you know, his plan's not written in stone. the one he campaigned on. he's willing to hear any good idea from anyone. but it's unclear whether john boehner is going to be able
obama did call for compromise. and then if you watched them, john boehner, speaker boehner looked like a defeated man. it was like saying okay, we are going to come to the table with you. and president obama, despite speaking about compromised, it wasn't a very comprise-y style of speech. it was clear that he knew he had the leverage. he wasn't going to accept anything that didn't end with taxes being part of the final solution here. >> well, jonathan capeheart, boehner knows that the...
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this wasap obama selloff. it had nothing to do with the fiscal cliff. people have known about the fiscal cliff for a yearism the reason why it was both a fiscal cliff and obama is this -- let me make this point. the worst-case scenario came out with a narrow victory. republicans keeping the house and guess what isn't democrats picking up a couple of eats in the season, they are emboldened without this mandate. so the republicans may say, you don't have a mandate. democrats say, you don't have a mandate. you are at loggerheads, that's what the market said on wednesday. >> it was an election selloff. the one thing this the republicans have to get the message out, cutting government spending is good for the economy, it is not bad for the economy. >> exactly. >> if we can get some cut, that will drive up -- [overlapping dialogue] >> we have to -- we have to throald their feet to the
this wasap obama selloff. it had nothing to do with the fiscal cliff. people have known about the fiscal cliff for a yearism the reason why it was both a fiscal cliff and obama is this -- let me make this point. the worst-case scenario came out with a narrow victory. republicans keeping the house and guess what isn't democrats picking up a couple of eats in the season, they are emboldened without this mandate. so the republicans may say, you don't have a mandate. democrats say, you don't have a...
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and obama may be interested in this thing called the union. i'm for sc sc. what an amazing, loyalty for your are state, as opposed to your country. didn't we get past that at one point? >> i don't think so. >> i'm standing up for south carolina, what does that mean? >> we went through this last summer. two summers ago, with the showdown over the fiscal -- over the debt ceiling. >> yeah. >> and at that point in time, the president tried to reach bargain. surer is right, john boehner would have cut a deal. but he couldn't, because at the end of the day, had he done so, his own house republicans would have risen up in mutiny. and he would have lost the speakership. whether mitch mcconnell and more adult members of the members the of the senator can put pressure on the house. if they can't change these fundamental dynamics we're headed in the same direction. >> i think mitch mcconnell is the problem because he's headed for re-election. but i think one of the interesting things that boehner said, is this your moment now, mr. president, now leave. that's both the
and obama may be interested in this thing called the union. i'm for sc sc. what an amazing, loyalty for your are state, as opposed to your country. didn't we get past that at one point? >> i don't think so. >> i'm standing up for south carolina, what does that mean? >> we went through this last summer. two summers ago, with the showdown over the fiscal -- over the debt ceiling. >> yeah. >> and at that point in time, the president tried to reach bargain. surer is...
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for now until president obama decides on another director. arrest they will. >> arthel: thank you very much. i want to let everybody know that senator feinstein has more to say on all of this. she's chris wallace's guest tomorrow. an exclusive interview on fox news sunday. check your local listings for times. >> rick: in other news, exxon-mobil saying it wants out of a multi-billion-dollar oil project in iraq. in 2003, exxon was one of a number of big oil companies that flocked to iraq after the fall of saddam hussein. the company went there to revitalize the country's oil fields, but found it hard to make money doing it. instead, exxon has been looking north to the autonomous region of kurdistan, a move that some say will more likely be more likely it create more tension between leaders of that disputed territory and the central governing body in iraq. >> arthel: president obama and house speaker jane have a massive task at hand. >> coming together to stop looming tax hikes and spending cuts that could plunge the nation back into recession.
for now until president obama decides on another director. arrest they will. >> arthel: thank you very much. i want to let everybody know that senator feinstein has more to say on all of this. she's chris wallace's guest tomorrow. an exclusive interview on fox news sunday. check your local listings for times. >> rick: in other news, exxon-mobil saying it wants out of a multi-billion-dollar oil project in iraq. in 2003, exxon was one of a number of big oil companies that flocked to...
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and barack obama had just enough to get through. >> david maraniss, obama biographer, pulitzer prize winner. thank you so much for your time this afternoon. >> okay, craig, thank you. >>> one of the big challenges facing president obama right now, replacing some key members of his cabinet, including secretary of state hillary clinton. >>> plus, they came that. >> saw, they voted. don't underestimate the youth vote. had a bigger showing than a lot of us expected. and they have expectations as well. the youth of america coming up next. you're watching msnbc. >>> well, the youth vote was crucial for president obama's election victory. the president won the votes of 18 to 29-year-olds by a margin of 67% to 37%. so how will young voters wield their power? joining me heather smith, president of rock the vote, and matthew siegle, co-founder and president of our time, a group representing the interests of young americans. good afternoon to both of you. >> good afternoon. >> the youth vote was especially important in critical battleground states. this is according to a think tank here. ohio,
and barack obama had just enough to get through. >> david maraniss, obama biographer, pulitzer prize winner. thank you so much for your time this afternoon. >> okay, craig, thank you. >>> one of the big challenges facing president obama right now, replacing some key members of his cabinet, including secretary of state hillary clinton. >>> plus, they came that. >> saw, they voted. don't underestimate the youth vote. had a bigger showing than a lot of us...
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barack obama got 73% of latino voters. he doesn't speak spanish, but he offered policies that the mexican americans and guatemalan americans really appreciate. that's what you have to do. not about identity politics. >> let's look at the democratic coalition because you mentioned the 73% of and mid-'90s of black voters and still the democrats didn't get a landslide. >> right. >> they've got to find a way to introduce younger white voters. what do you think? >> as a college professor, kids are concerned. how do i pay my bills? what will happen to me when i come back from serving? that's what the democratic party has done. on the reverse side, what the republicans have to do, they have to recognize that you can't just alienate these different kind of groups. bob dole got 84% of the vote and the gop has not got more than 10% of the vote and they have to improve that and then they can win ohio and virginia. >> we'll have the chairman of the tea party express on later. what do you see the future of the tea party is with the rep
barack obama got 73% of latino voters. he doesn't speak spanish, but he offered policies that the mexican americans and guatemalan americans really appreciate. that's what you have to do. not about identity politics. >> let's look at the democratic coalition because you mentioned the 73% of and mid-'90s of black voters and still the democrats didn't get a landslide. >> right. >> they've got to find a way to introduce younger white voters. what do you think? >> as a...
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let's not forget president obama really made a key part of his political identity. this idea that he was opposed to outside money, really as a whole in politics. they saw all this money being raised on the right, they kicked their own fund raising machine into high gear and it wasn't just these small donors. and for that campaign and for these suhper pac, so what that did was create this arms race. >> you are igt about that. obama plus ally's one billion, neither one can say they have a problem with big money supporting their election. all right, thanks so both, to you, but let me bring in charlie spece. all right, take issue with it. i said zero percent returnment tell me why i'm wrong. >> first of all, this is a very close election. imagine the headline in this story if $350,000 votes in four states had been different. you'd be saying that karl rove's an evil genius and republican big money had bought the election, so the reality is president obama's so they were getting outspent and we helped keep it very close. look at some of the target states. look at ohio. oh
let's not forget president obama really made a key part of his political identity. this idea that he was opposed to outside money, really as a whole in politics. they saw all this money being raised on the right, they kicked their own fund raising machine into high gear and it wasn't just these small donors. and for that campaign and for these suhper pac, so what that did was create this arms race. >> you are igt about that. obama plus ally's one billion, neither one can say they have a...
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obama said he wanted to think about it for 24 hours. friday afternoon he accepted petraeus's resignation. now it is up to petraeus's deputy michael morel to lead the agency and force tough questions on the benghazi attack when he testified on the hill in place of petraeus next week. morel started as an economic analyst with the cia more than 30 years ago. officials say president obama has the utmost confidence in morel. he was one of the key people briefing the president during the planning process of the osama bin laden operation. >> kristen, thanks. >>> we are four days past the presidential election. tonight the counting is finally over in the state of florida. barack obama has claimed the state's 29 electoral votes, beating mitt romney by about 74,000 votes. giving the president a 332-206 final margin in the electoral college. thankfully, this time the presidency wasn't left hanging in the balance, but a dozen years after bush versus gore, a lot of folks are wondering why florida can't get its act together. nbc's kerry sanders has o
obama said he wanted to think about it for 24 hours. friday afternoon he accepted petraeus's resignation. now it is up to petraeus's deputy michael morel to lead the agency and force tough questions on the benghazi attack when he testified on the hill in place of petraeus next week. morel started as an economic analyst with the cia more than 30 years ago. officials say president obama has the utmost confidence in morel. he was one of the key people briefing the president during the planning...
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do we know the obama administration knew about this before the election? >> no, but wouldn't we all love to know the answer to that. that really is a burning question. it's just days after the election and something like this comes out. but clearly, something like this had been going on for a while. it wasn't -- you know, it's not likely that a couple days after the election, general petraeus had sort of a crisis of conscience and decided this is the time now for me to come clean on everything. which also makes you wonder, did other people know about this, and was there a possibility they could have used this against him or to blackmail him in any way? that would have spoken directly to his ability to hold a security clearance and protect those secrets as well, anderson, so lots of unanswered questions, but i'm told more will be coming out in the coming days. >> i guess oert questithe other did the administration, if they did know about it, decide not to let this be announced before the election because they didn't want to do anything to impact the electio
do we know the obama administration knew about this before the election? >> no, but wouldn't we all love to know the answer to that. that really is a burning question. it's just days after the election and something like this comes out. but clearly, something like this had been going on for a while. it wasn't -- you know, it's not likely that a couple days after the election, general petraeus had sort of a crisis of conscience and decided this is the time now for me to come clean on...
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. >>> there is a video of president obama getting wide circulation. it shows him tearfully addressing campaign staff at io headquarters in chicago, at the end of a long and grueling campaign. he tells the young staffers they are better than he was at their age. he tells them their experience s will send them on their way for life. >> what you guys have done, the work that i'm doing, i am really proud of that.in i am really proud of all of you. and -- and what you have just done? well, not allowing much time for sentiment or reflection, the president woke up to this, this morning. the bloomberg business week, the reminder that the job he just got often ages people early. later today, supreme court saying it will plunge into a racially charged issue, whether to scale back the voting act, one of the most successful civi, rights acts passed. our justice department correspondent, pete williams has more. v at the court for us tonight, pete, good evening passed. our justice >> reporter: this is alrdy looking at affirmative action, now it is considering wheth
. >>> there is a video of president obama getting wide circulation. it shows him tearfully addressing campaign staff at io headquarters in chicago, at the end of a long and grueling campaign. he tells the young staffers they are better than he was at their age. he tells them their experience s will send them on their way for life. >> what you guys have done, the work that i'm doing, i am really proud of that.in i am really proud of all of you. and -- and what you have just done?...
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but barack obama managed to do it. or the republicans managed to blow it depending how you look at it. just take as a case in point. the tremendous republican disaster in the united states senate. i mean, they had a bad night on tuesday night. but in the senate, it was a sure bet that the republicans were supposed to retake control of the senate this year. a sure bet. they were only defending ten seats and the democrats were defending 23. that's a tilted playing field like this. not only did the republicans not retake the senate, the democrats held on to control and increased their margins. that's impossible. that is an impossible republican failure in a year like this. and the depth of that failure is bottomless. look at how they failed the more astonishing it is how badly they failed. not only did mitt romney lose the presidency but in terms of losing republican senate candidates in 11 states, the republican senate candidates did even worse with voters than mitt romney did in those states. mitt romney who lost. the c
but barack obama managed to do it. or the republicans managed to blow it depending how you look at it. just take as a case in point. the tremendous republican disaster in the united states senate. i mean, they had a bad night on tuesday night. but in the senate, it was a sure bet that the republicans were supposed to retake control of the senate this year. a sure bet. they were only defending ten seats and the democrats were defending 23. that's a tilted playing field like this. not only did...
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only 56% of president obama's electorate was white. and, yet, president obama won. mitt romney lost. there is a new electoral map in america, and in the past if you got only 43 and 39% of the white vote in two straight elections, odds were you were going to walk away a loser twice. for president obama in 2008 and 2012, those percentages were enough. the impact of the white electorate has been on a steep decline. in 1980 the portion of the electorate that was white was nearly 90%. in this week's election, it was a mere 72%. when president obama wins 90% of the african-american vote, 71% of the latino vote and 73% of the very broad group that constitutes the asian-american vote, given the increased proportion of the electorate that those groups represent, his was a coalition that won the election. so we know that these minority groups will only continue to grow until people of color in the united states are the majority. the demographics, demographics are not electoral destiny. which is more important, that there are more diverse citizens participating, that they have
only 56% of president obama's electorate was white. and, yet, president obama won. mitt romney lost. there is a new electoral map in america, and in the past if you got only 43 and 39% of the white vote in two straight elections, odds were you were going to walk away a loser twice. for president obama in 2008 and 2012, those percentages were enough. the impact of the white electorate has been on a steep decline. in 1980 the portion of the electorate that was white was nearly 90%. in this week's...
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his wife works in the obama administration's consumer financial protection bureau. the couple has a daughter and a son. and president obama says he is confident that the cia will continue to thrive and carry out its essential mission. allen, quite a shock here tonight. >> tara, history has shown in washington is not always a career ender. is there any indication or reason why in this case it ended so abruptly with the general's resignation. >> reporter: not specifically. but there certainly is a lot of speculation. for one thing, an extramarital affair is considered a security breach and a counterintelligence threat. there's also the theory that it might give the impression to his peers in the military that it's okay to have an affair and then also allen tonight, there's a lot of speculation about the timing of this announcement just three days after the election. also, one more thing. a lot of people wonder if he was such an honorable man, is this a question of honor in his mind? >> i see. tara mergener, thank you. >>> the other big story in washington, the politic
his wife works in the obama administration's consumer financial protection bureau. the couple has a daughter and a son. and president obama says he is confident that the cia will continue to thrive and carry out its essential mission. allen, quite a shock here tonight. >> tara, history has shown in washington is not always a career ender. is there any indication or reason why in this case it ended so abruptly with the general's resignation. >> reporter: not specifically. but there...
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one thing that is interesting, though, by this tilting just to obama, the obama campaign, the president's campaign, took almost every one of the swing states. the only swing state that he didn't win was north carolina. >> yeah. very good point. all right. thank you so much, kerry sanders as always good to see you. >>> well, let's go from florida now to california where taxpayers are about to take a bigger hit in their paychecks. and the majority of them seem to be happy about it. on tuesday, california voters passed proposition 30. that is the sales and income tax initiative championed by governor jerry brown. the measure raises income taxes for those making over 250,000 per year, and it raises the state sales tax a quarter of a%. joining me now is former california governor gray davis. nice to see you again. >> good to see you, alex. >> let's talk about proposition 30. is this the key to solving california's budget crisis? >> this will go a long ways to help. governor brown and the legislature cut $11 billion out of the budget last year. but i think the public decided that the path to pr
one thing that is interesting, though, by this tilting just to obama, the obama campaign, the president's campaign, took almost every one of the swing states. the only swing state that he didn't win was north carolina. >> yeah. very good point. all right. thank you so much, kerry sanders as always good to see you. >>> well, let's go from florida now to california where taxpayers are about to take a bigger hit in their paychecks. and the majority of them seem to be happy about it....
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Nov 10, 2012
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obama may be shaken by petraeus' sudden resignation. after just 15 months heading the central intelligence agency, and by the reason he quit he admits cheating on his wife. cbs news senior correspondent and former fbi official john miller is here with more on petraeus, the fbi investigation and the potential fallout. john, good morning. >> good morning. >> this is something that the fbi was looking at his emails but didn't expect to find. >> they weren't even looking at his emails. they were looking at something else and they kind of stumbled into what appeared to be communications between the director of the cia and paula broadwell. there were things about those communications that were suspicious. now there's a little here we don't know. what would those things have been? were they leaving draft messages without sending them in a common e-mail account so that they could go read them and fly under the radar, were they using language that was so cryptic as to raise those questions, were they using other people's e-mail accounts. whateve
obama may be shaken by petraeus' sudden resignation. after just 15 months heading the central intelligence agency, and by the reason he quit he admits cheating on his wife. cbs news senior correspondent and former fbi official john miller is here with more on petraeus, the fbi investigation and the potential fallout. john, good morning. >> good morning. >> this is something that the fbi was looking at his emails but didn't expect to find. >> they weren't even looking at his...
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Nov 10, 2012
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obama wants to begin his second term. the fiscal cliff and simultaneous convergence of tax increases and spending cuts will wreak havoc with the economy. spending cuts would take $1.2 trillion over ten years, 100 billion in the first year. >> these are big cuts, 10-14% in programs through quarter of way through the fiscal year. >> tax increases, everyone wants to extend the bush tax cuts for those making less than $250,000 a year. president wants to raise taxes and add other taxes to booted. some analysts say it would crush small businesses which create two-thirds of all jobs. >> the tax increases that president obama has fought for would actually increase taxes on small businesses by about $50 billion a year going forward. >> reporter: in 2010 when the economy was growing at 2.3%, president obama extended all the tax cuts saying the economy was too weak to digest a tax increase. now it's growing at 2 percent but obama is forging ahead and senator reid says he has a mandate to do so. >> president campaigned around the cou
obama wants to begin his second term. the fiscal cliff and simultaneous convergence of tax increases and spending cuts will wreak havoc with the economy. spending cuts would take $1.2 trillion over ten years, 100 billion in the first year. >> these are big cuts, 10-14% in programs through quarter of way through the fiscal year. >> tax increases, everyone wants to extend the bush tax cuts for those making less than $250,000 a year. president wants to raise taxes and add other taxes...
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Nov 10, 2012
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boehner versus obama. >> give me my life back. having the same conversation and somehow the election didn't move the needle at all. >> it's again, it's the can being kicked down the road and the end of the road is here. >> sounds like it. now, however, we should say that the president and speaker john boehner both say that they are now open to compromise. when you dig into their statements further it's hard to know on what point they are going to compromise. let's listen. >> i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges. but, i will refuse to accept any approach that isn't balanced. pay down the entire deficit while people like me making over 2 auto thousand dollars aren't asked to pay a dime more in taxes. >> i'm not going to do that. instead of raising tax rates on the american people and damage it will do to our economy. let's start to actually solve the problem. let's focus on tax reform that close loopholes and lowers tax rates. instead of arbitrary cuts endanger our national de
boehner versus obama. >> give me my life back. having the same conversation and somehow the election didn't move the needle at all. >> it's again, it's the can being kicked down the road and the end of the road is here. >> sounds like it. now, however, we should say that the president and speaker john boehner both say that they are now open to compromise. when you dig into their statements further it's hard to know on what point they are going to compromise. let's listen....